Tag: Stem Cells
Stem Cell Boondoggle Bloats by $5.5 Billion
Proposition 14, California’s $5.5 billion Stem Cell Research Institute Bond Initiative, was declared a victor last week by a margin of 51-49 percent. How much post-election ballot harvesting contributed to the margin is unknown, and voters have cause to wonder how the measure landed on the ballot. As we noted, backers Americans for Cures needed more...
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Robert Klein, Davy Crockett, and the Quest for Another $5.5 Billion for Stem Cells
As this column has often noted, the 2004 ballot measure Proposition 71, the $3 billion California Stem Cell Research and Cures Act, promised life-saving cures for Alzheimer’s, Parkinson’s and other diseases, plus a steady stream of royalties for state coffers. In 2020, a ballpark estimate for the promised cures and therapies is zero, and...
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